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Deffense [45]
2 years ago
9

A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capita

l. One example is a commercial bank, which takes in demand deposits and then uses that money to make long-term mortgage loans. True False
Business
1 answer:
Alex17521 [72]2 years ago
7 0

Answer:

True

Explanation:

A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.

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What are the advantages of following a strict repayment schedule? Check all that apply.
MAXImum [283]

Answer:

The correct answer are 2, 4 and 5.

Explanation:

Repayment schedule is the schedule or the document which is in detail specifying the particular terms of the loan of  borrower, like monthly payment, interest rate, due dates. The benefits or the advantage of the strict schedule of the repayment, prevent being charged from the additional or the extra fees, prevent from increasing the rate of interest and also shows or states that the borrower is responsible for this schedule.

8 0
3 years ago
Suppose that it costs $400 per day to search for chanterelle mushrooms at Pt. Reyes National Seashore. On an average day, the to
viva [34]

Answer: 48

Explanation:

Firstly, we need to solve the marginal product which will be:

= dM/dx

= d(100x - x²)/dx

= 100-2x

At socially optimal level, it should be noted that:

Price × Marginal Product = Cost

90 × (100-2x) = 400

9000 - 1800x = 400

1800x = 9000 - 400

1800x = 8600

x = 8600/180

x = 47.77

x = 48

Therefore, the optimal number of workers will be 48.

7 0
3 years ago
"the fact that having capital punishment "on the table" causes many people to confess to crimes in order to have death "taken of
Lynna [10]
Driveshaft see Tunguska
8 0
3 years ago
Bale Co. incurred $100,000 of acquisition costs related to the purchase of the net assets of Dixon Co. The $100,000 should be: A
Olin [163]

Answer:

D. Expensed as incurred in the current period.

Explanation:

Since in the question it is given that the acquisition cost incurred for $100,000 which is related to the purchase of the net assets

And, the same $100,000 is reported as an expenses incurred for the current period as other cost like professional fees, consulting fees, general administrative cost expenses, etc are recorded when they are incurred

Hence, the last option is correct

4 0
3 years ago
Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $14.5 million, and the company paid
Furkat [3]

Answer: 1.54

Explanation:

Based on the information given in the question, the company’s target debt-equity ratio will be:

The total costs will be:

= $14.5 million + $775000

= $15.275 million

Since amount needed = amount raised × (1-fT)

Therefore, 15.275 × (1-f) = 14.5

15.275 - 15.275f = 14.5

f = floatation costs = 5.074%

Therefore, 5.074% × (1 + D/E) = 7.5% + (D/E) × 3.5%

Solving for debt-equity ratio, the value will be = 1.54

8 0
3 years ago
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